Economic globalization

nation with a low living standard relative to other countries

corporation operating in multiple countries

city which is an important node in the global economy

trade arrangement prioritizing the well-being of workers

country or place with low taxes for foreign investors

economy of the world

distribution of income or wealth between different groups

political and economic ideology

worldwide political movement against multinational corporations

economics of developing economies

socio-economic and political divide

depopulation in humans is any great reduction in a human population caused by events such as long-term demographic trends

broad set of economic policies commonly prescribed by institutions based in Washington D.C. such as the International Monetary Fund (IMF) and World Bank

physical process of transporting commodities and merchandise goods and cargo

increasing economic interdependence of national economies across the world

Offshoring is the relocation of a business process from one country to another—typically an operational process, such as manufacturing, or supporting processes, such as accounting. Usually this refers to a company business, although state governments may also employ offshoring. More recently, technical and administrative services have been offshored.

multidisciplinary, macro-scale approach to world history and social change that stresses that the world-system should be the primary unit of social analysis

McDonaldization is a McWord. The McWord concept was first proposed by sociologist George Ritzer in his 1983 article in the Journal of American Culture and developed in his 1993 book The McDonaldization of Society. McDonaldization is a reconceptualization of rationalization and scientific management. Where Max Weber used the model of the bureaucracy to represent the direction of this changing society, Ritzer sees the fast-food restaurant as a more representative contemporary paradigm. Critiques of the McDonaldization thesis include Ahuvia and Izberk-Bilgi’s analysis of a countertrend they call

thumb|Shipping containers at the [[Port Newark-Elizabeth Marine Terminal in New Jersey, US]] thumb|A container-goods train on the West Coast Main Line near Nuneaton, England thumb|Double-stack Union Pacific container train crossing the desert at Shawmut, Arizona thumb|An ocean containership close to Cuxhaven, Germany thumb|A container ship being loaded by a [[portainer crane in Copenhagen Harbor, Denmark.]] Containerization is a system of intermodal freight transport using intermodal containers (also called shipping containers, or ISO containers). Containerization, also referred as container s

amount of water used by an individual, community, business, or nation

financial services between nations

a currency that is widely used internationally

internationally agreed rules, conventions and supporting institutions that facilitate international trade

thumb|350px|right|Share in Gross domestic product|GDP of US financial sector from 1860 to 2008

global, voluntary regulatory framework on bank capital adequacy, stress testing, and market liquidity risk

wide concept concerning the level of development on an international scale

process by which a business can sue a foreign government (that is party to a free trade agreement), for alleged discriminatory practices

Repeated decisions by jurisdictions to compete for economic activity against one another by offering ever lower standards of regulation or taxation

employment that respects the fundamental rights of the human person

type of tax

travel for pleasure or business that crosses national borders and is where globalisation has made tourism a popular global leisure activity

distance food is transported from production to consumption

bank deemed very important for the financial system by responsible financial supervising authorities

term in business studies on product development

form of illegal capital flight

economic growth that reflects or creates a decline in the quality of life

database of wealth and income distribution

inequality between nations' wealth

Marketisation or marketization is a restructuring process that enables state enterprises to operate as market-oriented firms by changing the legal environment in which they operate.

a public good available on a more-or-less worldwide basis

type of economy

model of automobile

world's first major period of globalization of trade and finance